Sukanya Samriddhi Yojana calculator
Sukanya Samriddhi Yojana (SSY) is the government's savings scheme for the girl child, offering one of the highest interest rates among small-savings schemes and complete tax exemption. This calculator shows how much the account will hold when it matures 21 years after opening, how much of that is interest, and when your daughter will be old enough for the education withdrawal.
How to use it
- Enter the amount you plan to deposit each year (₹250 to ₹1.5 lakh).
- Check the interest rate and enter your daughter's age and the year you open the account.
- See the maturity value, the year of the last deposit and the full schedule.
Key rules at a glance
| Rule | Detail |
|---|---|
| Eligibility | Girl child below 10 years |
| Deposit | ₹250 – ₹1.5 lakh per financial year, for 15 years |
| Maturity | 21 years from opening |
| Partial withdrawal | Up to 50% after age 18 or Class 10, for education |
| Tax | EEE — exempt at every stage |
Example
Parents open an account for their 3-year-old in 2026 and deposit ₹1.5 lakh every year at 8.2%. They pay in ₹22.5 lakh up to 2040, and the account matures in 2047, when she is 24, with roughly₹71.8 lakh (assuming the rate stays the same). Compare with PPFor a mutual fund SIP.
Disclaimer: Results are estimates for educational purposes only and are not financial, investment or tax advice. Please verify with your bank, broker or a SEBI-registered adviser before acting. Read the full disclaimer.